NBZ Investment Advisors LLC

Q4 2025 13F-HR Holdings

Location
Knoxville, TN
Holdings as of
12/31/2025
Date filed
2/3/2026
Form type
13F-HR
Num holdings
68
Total value ($000)
$229,781
Net value change ($000)
+38,054 (19.8%)
New positions
6
Sold out positions
3
Turnover %
19.1%
Sector allocation + QoQ delta (equities-only)
Prev filing: 11/12/2025 Next filing: — SEC filing

Snapshot: Change Analysis

Compared to Q3 2025
Methodology: sector metrics are equities-only; instrument mix chart is ex-options; options exposure is shown separately. Why this matters.
Top Adds (Value $000, Stocks/ETFs)
AKRE 19,214 NEW
SSO 15,740 NEW
FEGE 8,097 NEW
BALT 1,917 13.3%
DIVO 1,705 8.1%
JAAA 1,679 13.4%
TSPA 1,265 10.3%
XMHQ 832 7.1%
GRNY 743 5.7%
TACK 698 7.9%
Top Reduces (Value $000, Stocks/ETFs)
SPYM -13,338 -45.2%
ARKK -760 -11.8%
BRK-B -626 -73.2%
MSFT -530 -27.0%
AAPL -357 -10.1%
CBTJ -246 -23.9%
NVDA -182 -7.3%
MAXJ -161 -22.8%
FLO -153 -100.0%
DIS -134 -100.0%
Instrument mix + QoQ Δ (ex-options)
Derivatives reported exposure ($000): 709 (0.3% of total reported value)
How this table is calculated: SEC VALUE ($000) is used as reported. For derivatives (PUT/CALL/WARRANT/RIGHT), SEC value represents reported underlying exposure, not premium cash paid/received. Column % is bucket-based: non-options share is calculated inside non-option total, options share is calculated inside options total. Details.
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Instrument:
Issuer Name Ticker Sector Industry Class History Value ($000) % Shares Shares Δ Shares Δ% Value Δ ($000) Value Δ% Principal Option Type